Mercuria is closing in on a $3.5bn deal for JP Morgan's commodities business
The London unit of Swiss-based trading house Mercuria will
be regulated by the UK watchdog as it looks to close its
purchase of JP Morgan’s physical commodities
Mercuria Europe Trading is now under the regulation of the
Financial Conduct Authority (FCA), which is important as
Mercuria nears a $3.5bn acquisition of JP Morgan’s
physical commodities business.
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